INCOME TAXES (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Deferred Tax Assets And Liabilities [Line Items]
Loss before income taxes, as reported in the consolidated statements of operations	$ (55,781,277)	$ (20,478,210)
Computed "expected" tax benefit	(18,965,634)	(6,962,592)
Increase (decrease) in income taxes resulting from:
Expected benefit from state and local taxes	(2,533,156)	(917,810)
Research and development credits	(1,092,767)	(250,000)
Other	35,459	43,026
Permanent difference related to contingent note payable	(244,814)	(1,924,558)
Change in the balance of the valuation allowance for deferred tax assets	22,800,912	10,011,934
Income Tax Expense (Benefit)	$ 0	$ 0